Filed Under:Annuities, Fixed Indexed

Wisconsin retiree annuity payments to increase following 5 years of decline

After five years of decline, retired public employees in Wisconsin will see their monthly pension payments increase starting in May.

The Department of Employee Trust Funds announced Thursday that all 180,000 retirees will see an increase in core fund investments of 4.7 percent. The roughly 40,000 investors who had money in the riskier variable fund will see an increase of 25 percent.

Copyright 2016 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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Nichole Morford

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